Thought Leaders

The Resource Allocation Riddle

The Rubiks cube is a remarkable toy. Invented by a Hungarian architect to explain 3-dimensional geometry – we think managing project resources is very similar.

It can be like the ultimate Rubik’s cube, trying to bring the right combinations together at the right time. And once you think you have the right twist – you suddenly don’t.

Familiar challenges?

Project resources can be limited, diverse, and constantly moving, so deciding how to allocate the various pieces to a variety of projects presents an ongoing challenge.

When you add in the added difficulty of juggling internal resources as well as potentially costly subcontractors, keeping track of skill sets and certifications needed for the job, it gets even more complex.

That’s before you even consider where your resources are currently based. Does it make sense to use a resource located in one particular geography when it would be cheaper to use someone situated closer to the project in hand?

 

Getting complete visibility of your people and projects and what they are working on is critical to managing those resources effectively. The last thing anyone wants is to have valuable resource sitting on the bench.

Without visibility of the current situation, how can you plan to resource projects further down the pipeline. Visibility of your resources is key to success. And success means your projects are delivered on budget and on time, which makes your customers happy and it’s great for your bottom-line too!

The Formula
You can find out how to address the resource allocation riddle in our Ebook – 5 Must Haves to Solve the Allocation Riddle. You will learn the 5 must-haves of resource management and how to achieve them.

  •       Crystal visibility
  •       Enviable engagement
  •       Seamless mobility
  •       Creative collaboration
  •       Social everywhere

Download the eBook now»

PM Today Contributor
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